ABMT (Advanced BioMedical Technologies) Days Payable: 0.00 (As of Jul. 2021)


What is Advanced BioMedical Technologies Days Payable?

Advanced BioMedical Technologies ABMT Days Payable is 0.00 as of Jul. 2021.

Advanced BioMedical Technologies's average Accounts Payable for the three months ended in Jul. 2021 was $1.16 Mil. Advanced BioMedical Technologies's Cost of Goods Sold for the three months ended in Jul. 2021 was $0.00 Mil.

The historical rank and industry rank for Advanced BioMedical Technologies's Days Payable or its related term are showing as below:

ABMT's Days Payable is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 68.14
* Ranked among companies with meaningful Days Payable only.

Advanced BioMedical Technologies's Days Payable stayed the same from Jul. 2020 (0.00) to Jul. 2021 (0.00). stayed the same

Advanced BioMedical Technologies Days Payable Related Terms

Advanced BioMedical Technologies Days Payable Historical Data

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The historical data trend for Advanced BioMedical Technologies's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Advanced BioMedical Technologies Days Payable Chart

Advanced BioMedical Technologies Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 91.25 14.04

Advanced BioMedical Technologies Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ABMT vs VYCO, ADMT, THMO: Days Payable Comparison

For the Medical Devices subindustry, Advanced BioMedical Technologies's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Advanced BioMedical Technologies Days Payable vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Advanced BioMedical Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Advanced BioMedical Technologies's Days Payable falls into.


Advanced BioMedical Technologies Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Advanced BioMedical Technologies's Days Payable for the fiscal year that ended in Oct. 2020 is calculated as

Days Payable (A: Oct. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2019 ) + Accounts Payable (A: Oct. 2020 )) / count ) / Cost of Goods Sold (A: Oct. 2020 )*Days in Period
=( (0.002 + 0) / 1 ) / 0.052*365
=0.002 / 0.052*365
=14.04

Advanced BioMedical Technologies's Days Payable for the quarter that ended in Jul. 2021 is calculated as:

Days Payable (Q: Jul. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2021 ) + Accounts Payable (Q: Jul. 2021 )) / count ) / Cost of Goods Sold (Q: Jul. 2021 )*Days in Period
=( (0 + 1.16) / 1 ) / 0*365 / 4
=1.16 / 0*365 / 4
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Advanced BioMedical Technologies (ABMT) has a Days Payable of 0.00 as of Jul. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Advanced BioMedical Technologies and its competitors.
Is Advanced BioMedical Technologies' Days Payable too high?
Advanced BioMedical Technologies' current Days Payable is 0.00.
How does Advanced BioMedical Technologies' Days Payable compare to VYCO and ADMT?
Advanced BioMedical Technologies' Days Payable of 0.00 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Payable is 68.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.14, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Advanced BioMedical Technologies and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced BioMedical Technologies's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced BioMedical Technologies stock overvalued right now?
Advanced BioMedical Technologies (ABMT) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Advanced BioMedical Technologies (ABMT), the current Days Payable is 0.00 as of Jul. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Advanced BioMedical Technologies Business Description

Address 535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017
Advanced BioMedical Technologies Inc is engaged in designing, developing, manufacturing, and the planned future marketing of self-reinforced, re-absorbable, biodegradable internal fixation devices. The company manufactures its products using Polyamide, and it is used in a variety of applications, which include orthopaedic trauma, sports-related medical treatment, cartilage injuries, and reconstructive dental procedures. Its Polyamide products include screws, rods, and binding wires consisting of enhanced fibres and high molecular polymers, which are designed to facilitate quick healing of complex fractures in many areas of the human skeletal system.